Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa

What the summary covers

1. Why I Wrote Dead Aid2 min
2. Which Aid Is at Issue?1 min
3. How Aid Became the Default2 min
4. Testing the Case for More Aid3 min
5. How Aid Can Undermine Growth2 min
6. A Country Built to Test the Alternative1 min
7. Borrowing With Market Discipline2 min
8. Investment, Including China2 min
9. Trade That Can Actually Pay2 min
10. Banking on People Banks Overlook3 min
11. What the Exit Would Require2 min

Read it alongside

• Goes deeperPoor Economics

  Dambisa Moyo offers microcredit as one alternative to government aid. Abhijit Banerjee and Esther Duflo report modest gains in a Hyderabad trial and show how rapid repayment can restrict projects with later returns.

• Goes deeperThe Dictator's Handbook

  Dambisa Moyo describes why agencies may keep paying amid corruption risks. Bruce Bueno de Mesquita and Alastair Smith add a political bargain: some democratic donors seek policy concessions while recipient rulers fund their key supporters.

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